Real Estate in Bulgaria

🇧🇬 Why Choose Bulgaria for Buying Overseas Property in Europe?

Bulgaria is a country where affordable prices, a mild climate, and European stability come together in one place. It is an EU member located on the Balkan Peninsula and washed by the Black Sea. The country’s area is 110,994 km², population about 6.4 million, and the capital is Sofia. The official language is Bulgarian and the currency is the lev (BGN), which is pegged to the euro (1 EUR = 1.9558 BGN), ensuring price stability and a predictable market.

Bulgaria is a member of the EU and NATO, with transparent laws and attractive conditions for foreigners. The economy is growing: according to Eurostat, Bulgaria’s GDP in 2024 exceeded €100 billion, with annual growth of 3.3%. Key sectors include tourism, construction, IT, and agriculture.

The real estate market is stable and not overheated, and foreigners can freely buy housing, including apartments and commercial properties.

The climate is a mild continental one, with warm summers (+27…+32°C) and mild winters (0…+8°C) on the coast. The Black Sea is calm, and the swimming season runs from May to October. Thanks to its proximity to the rest of Europe, Bulgaria is convenient both for relocation and for investing in seaside housing with rental income.

The cost of living is 40–60% lower than in Western Europe, and real estate is among the most affordable in the EU. A seaside apartment starts from €35,000, while apartments in elite resorts start from €90,000. Rentals and tourism bring 5–8% annually, while property taxes remain minimal.

🌊 Where to Buy Property in Bulgaria and How Regions Differ

Bulgaria offers a wide choice of locations — from seaside resorts to new builds in the capital and mountain areas.

• Sunny Beach — the most popular seaside resort; strong short-term rental demand, studios from €40,000, high liquidity.
• Nessebar — a UNESCO-listed museum town; seafront apartments from €50,000, steadily rising prices.
• Sveti Vlas — a prestigious area with the Marina Dinevi yacht port; premium sea-view property.
• Burgas — a modern city with an international airport, developed infrastructure, and a permanent population.
• Varna — the country’s maritime capital and second-largest city; business, education, and year-round rental market.
• Bansko & Pamporovo — mountain resorts attractive for winter leisure and year-round investment.

Most in demand are apartments in serviced complexes with pools and on-site management — they provide stable nightly rentals in summer and long-term rentals in winter.

☀️ Why Bulgaria Is Chosen for Relocation and Investment

Bulgaria combines European quality of life with accessible prices. Families, investors, entrepreneurs, and digital nomads move here for the mild climate and straightforward residence procedures.

1. EU membership & safety. As part of the EU, Bulgaria offers buyers stability and legal protection.
2. Affordability & clear rules. Seaside apartments are much cheaper than in Spain, Italy, or Croatia; title registration typically takes 3–4 weeks.
3. Residence options. Buying property allows you to apply for a residence permit for up to a year with renewal, as well as a long-stay D-type visa.
4. Climate & comfort. Hot but not oppressive summers, warm and calm sea, and coastal winters that rarely drop below zero.
5. Cost of living & healthcare. Groceries, utilities, and transport are cheaper than in Central Europe; the healthcare system is modern and accessible.
6. Rental income. Bulgarian resorts operate year-round: seaside tourism in summer, skiing in winter. Average returns are 5–8% annually, with €50–100/night common in season.

🏗️ Developer Property and Legal Particulars

Foreigners can freely buy real estate in Bulgaria. Apartments, condos, villas, and commercial spaces are registered as full freehold.

Market features:

• All transactions are executed before a notary;
• Ownership is registered in the Property (Imot) Register;
• Purchase taxes/fees:2–3% of price;
• Property tax:0.15–0.3% per year;
• Rental income tax:10%.

We work with reliable developers and local agencies across Bulgaria, sourcing properties directly — with no hidden fees or markups.

💶 Prices, Yields, and Market Outlook

Bulgaria’s real estate market is growing steadily while keeping a low entry threshold. According to Imoti net and Euronews, the average price increase in 2024 was 6.8%, and up to 10% in coastal areas.

• Seaside apartments: €35,000–45,000+;
• New business-class complexes: €80,000–120,000+;
• Villas by the sea or in Sveti Vlas/Varna: €150,000–250,000+.

Average rental yields are 5–8% annually, higher in season. In Sunny Beach, apartments can rent for €50–100/night, with 70–80% annual occupancy. Varna and Burgas are also attractive for long-term rentals, with growing demand from students, IT professionals, and expats.

Bulgaria offers a rare combination: a stable European market, low taxes, and predictable growth — without overheating and speculation.

🇪🇺 Bulgaria in the EU and Schengen: Stability, Free Movement, and Growing Investment

Bulgaria has been an EU member since 2007, a key driver of its investment appeal.
As of 1 January 2025, the country officially entered the Schengen Area, having first opened air and sea borders (March 2024) and then land borders.

Now property owners, residents, and travelers can move freely between Bulgaria and other Schengen countries, simplifying living, tourism, and business.

EU and Schengen membership has strengthened confidence in Bulgaria’s economy and property market. EU funds continue to invest in infrastructure — roads, hospitals, schools, water systems — which raises quality of life and property values.

For property buyers this means:

• - Legal transparency and EU-standard protection of property rights;
• - Visa-free movement across Europe;
• - Higher liquidity and appeal of assets — especially on the coast and in resorts;
• - Increased confidence from foreign investors (including CIS and EU citizens);
• - Currency stability (lev pegged to the euro) and a predictable path toward full euro adoption in 2026.

Joining Schengen and moving toward the euro make Bulgaria’s property market one of the most resilient and promising in Eastern Europe — less bureaucracy, more mobility, and confidence in long-term asset value.

🧭 Why Buying Property in Bulgaria With Us Is Convenient and Safe

We guide clients at every stage — not just choosing a property, but understanding the market, comparing strategies, and making a well-informed decision. We work with vetted developers and local agencies with strong track records in Bulgaria’s property market, giving our clients access to a wide selection — from off-plan to ready-to-rent seaside apartments and managed income projects.

Our support involves no additional costs for the client — services are transparent and results-driven.